Search Results for: IoT
Russians worry over the growing sanctions from the West
July 31st, 2014
Russia confronts the biggest sanctions from the West since the Ukrainian crisis erupted and has therefore adopted a nonchalant public stance, with President Vladimir V. Putin emphasizing the importance of self-reliance and a new poll released Tuesday indicating a ...
EU Practiced Its Russian Sanctions in Cyprus
July 30th, 2014
Europe’s new financial sanctions against Russia will be among the first meaningful ones the West has introduced since the Ukraine crisis started. But punishing rich Russians is not exactly new territory for the EU — it has been doing ...
AstraZeneca invests in Almirall lung drugs up to $2.1 billion
July 30th, 2014
AstraZeneca (AZN.L) took a major step to build up its respiratory medicine business on Wednesday by striking a deal worth up to $2.1 billion for the rights to Spanish group Almirall’s (ALM.MC) lung drugs. The British drugmaker, which resisted ...
Bank of Cyprus collects €1bn through shares selling
July 29th, 2014
A 1 billion euro ($1.34 billion) capital increase was held by Bank of Cyprus by selling shares, including investors such as the European Bank of Reconstruction and Development (EBRD) and US investor Wilbur Ross, the bank cited on Monday. ...
The Non-Eclipse of America
July 29th, 2014
The recent creation of a new international development bank by Brazil, Russia, India, China, and South Africa – the so-called BRICS – is just the latest challenge to America’s global leadership. But, from an international business perspective, the United ...
Argentine’s debt must be paid to holdouts
July 29th, 2014
Argentina’s battle in courts for over a dozen of years against the claims of holdout investors in its defaulted debt, did not turn out positively. The holdouts, led by Paul Singer’s Elliott Capital Management and Mark Brodsky’s Aurelius Capital ...
Banks Cash In on Mergers Intended to avoid Taxes
July 29th, 2014
Jamie Dimon, the chief executive of JPMorgan Chase, recently said, “I love America.” Lloyd Blankfein, the chief executive of Goldman Sachs, wrote an opinion article saying, “Investing in America still produces the best return.” Yet guess who’s behind the ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
July 28th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “P.M. Investment Capital Limited ” has successfully obtained the CySec license for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under ...
Pfizer’s need for deal appears larger with earnings report
July 28th, 2014
Pfizer Inc’s vulnerability to cheaper generics and its weak roster of experimental medicines will be on display Tuesday when the company reports quarterly earnings, reviving interest in its pursuit of AstraZeneca Plc or other deals to fortify its pipeline. ...
CySec: Withdraw of CIF authorisation
July 25th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has issued an announcement that following previous announcements dated 21 February 2014 and 31 March 2014, on a meeting held on July 7, 2014 has decided to ...
